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<br />REVISED DRAFT <br /> <br />I. <br /> <br />EXECUTIVE SUMMARY <br /> <br />A. <br /> <br />Introduction <br /> <br />The City of Paris ("City") authorized Reed, Stowe & Yanke, LLC to perform a water and <br /> <br />wastewater cost of service study. This report describes the study performed for the City and <br /> <br />makes recommenda~ions with respect to rates to be charged to the City's water and wastewater <br /> <br />customers. <br /> <br />The report consists of nine sections, including the Exttcutive Summary section. <br /> <br />Also attached are three appendices to supplement the findings ofthe report. <br /> <br />Following the Executive Summary, Sections II through VI develop the methodology, <br /> <br />assumptions and the revenue requirement for the water utility portion of the City's Water and <br /> <br />Wastewater Utility. Sections VII and VIII develop the methodology, assumptions and the <br /> <br />revenue requirement for the wastewater utility portion of the City1s Water and Wastewater <br /> <br />Utility. Finally, Section IX of the report develops the rate schedules; for water and wastewater <br /> <br />services provided by the City. <br /> <br />The three appendices following the report consist of Appendix A, ope~ating characteristics of the <br /> <br /> <br />system, Appendix B, contract customers, and Appendix C the determination of the retail water <br /> <br />and wastewater rates. <br /> <br />B. <br /> <br />Findin!!s aeRate Study <br /> <br />a. <br /> <br />The total revenue requirement for the Water Utility portion of the test year for the <br /> <br />retail rate determination is estimated to be $6,451,618. <br /> <br />City of Paris. Te,as <br />Water and Wastewater Cas' of Service Study <br />Ma,.h 2003 <br />